SEP 23, 2009 - 09:00 ET
FOR: ICOP DIGITAL, INC.
LENEXA, KS--(Marketwire - September 23, 2009) - ICOP Digital, Inc. (NASDAQ: ICOP), an
industry-leading company engaged in advancing digital surveillance
technology solutions, today announced the exercise of over one million of
its ICOPZ Class B warrants (NASDAQ: ICOPZ), bringing over $420,000.00 in
additional funds to the Company for this offering to date. A 100%
conversion of the Class B warrants will provide a total of $3,724,980 to
the ICOP.
In order to exercise a warrant, the warrant holder must contact his or her
broker, who will be able to electronically exercise the warrant for common
shares of ICOP Digital, Inc. through a system operated by The Depository
Trust & Clearing Corporation (DTCC). The Class B warrants are scheduled to
expire on December 2, 2009.
Dave Owen, Chairman and Chief Executive Officer at ICOP, stated, "We are
very pleased that our shareholders continue to show confidence in our
ability to execute on our business plan. These funds will be utilized to
ensure an orderly inventory flow to meet our anticipated increase in
sales."
About ICOP Digital, Inc.
ICOP Digital, Inc. (NASDAQ: ICOP) is a leading provider of mobile and in-car video solutions for Law
Enforcement, Fire, EMS, Military, and Transportation markets, worldwide.
ICOP solutions help the public and private sectors mitigate risks, reduce
losses, and improve security through the live streaming, capture and secure
management of high quality video and audio. www.ICOP.com
Safe Harbor Statement
This document contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Such statements are
subject to risks and uncertainties that could cause actual results to vary
materially from those projected in the forward-looking statements. The per
share price of the Company's common stock may experience significant
fluctuations, so there can be no assurance that holders exercising Class B
warrants will profit from such exercise. Neither can there be any assurance
that all Class B warrants will be exercised, and the Company could
therefore receive significantly less than $3.7M in additional capital.
Additional information with respect to these and other factors, which could
materially affect the Company and its operations, are included in the
Company's most recent annual report and registration statement filed with
the Securities and Exchange Commission and which are available from the
Company without charge or at http://www.sec.gov.
FOR FURTHER INFORMATION PLEASE CONTACT:
For more information, contact:
Melissa K. Owen
Dir. of Communications
16801 West 116th Street
Lenexa, KS 66219 USA
Phone: (913) 338-5550
Fax: (913) 312-0264
Email Contact
www.ICOP.com
For Investor Relations:
DC Consulting, LLC
Daniel Conway
Chief Executive Officer
Phone: (407) 792-3332
Email Contact
Email Contact